Finance Specialist - Taxation

Emirates Flight Catering; Dubai; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled Tax Specialist to manage VAT compliance and regulatory filings. In this role, you will assist in the preparation of VAT returns, ensure adherence to tax regulations, and develop functional procedures for continuous improvement. Your expertise in taxation and strong communication skills will be essential in training various departments and mitigating tax risks. This position offers an exciting opportunity to contribute to the development of VAT principles and policies, making a significant impact within the organization.

Qualifications

• Graduate from a recognized university in a taxation subject.
• 6 years of relevant accounting work experience, 3 years in taxation.

Responsibilities

• Assist with preparation and submission of VAT returns.
• Ensure timely and accurate regulatory filing and tax accounting.
• Provide training and mentorship on VAT compliance.

Skills

Taxation Knowledge

MS Excel

Communication Skills

Project Management

Problem Solving

Education

Bachelor's Degree in Finance or Accounting

Certified Tax Practitioner

Tools

MS Office Applications

Job description

Key Result Areas:

1. Assist with preparation and submission of VAT returns to Federal Tax Authority on a monthly basis.
2. Ensure timely and accurate regulatory filing, tax accounting/reconciliation.
3. Perform various postings to the General Ledger and reconcile VAT accounts.
4. Reconcile AR/AP sub-ledger and matching Trial Balance with General Ledger.
5. Vouching the correctness of the VAT treatment of the invoices to ensure that the VAT calculation and treatment are correct.
6. Reconciliation of Customs documentation and invoices.
7. Extraction of other direct entries from the Treasury module.
8. Proactively identify and mitigate tax risks.
9. Develop and monitor and promote continuous improvement of functional procedures and processes by conducting work value analyses and studies in order to optimize methods and procedures.
10. Contribute to the development & implement VAT principles, policies and processes to ensure completion and compilation of VAT mechanism and registrations across the businesses.
11. Provide periodic training and mentorship to finance, procurement, supply chain and other relevant departments in regard to VAT implementation, documentation and compliance.
12. Ensuring the organization to be up to date on changes in VAT legislations.
13. Prepare management report as required.
14. Dealing with VAT Audits and other tax office communication.
15. Assist on ad hoc projects as assigned.

Qualifications:

• Graduate from a recognized university in a taxation subject, bachelor's degree in finance or accounting, or qualifications as a Certified Tax practitioner.

Work Experience:

• 6 years of relevant accounting work experience, 3 years in taxation
• Good understanding of the Tax and Customs Laws and Regulations and experience in proactively managing new developments.

Skills:

• An excellent technical and practical knowledge of taxation
• Ability to prioritize workload
• Excellent English language written and verbal communication skills.
• Ability to work both independently and in a collaborative team setting.
• Ability to manage both day-to-day operations as well as project work.
• Proven ability to build strong partnerships with external and internal stake holders
• Self-motivator that will seek out and wield opportunities to improve process & delivery
• Ability to assimilate complex information into clear and practical reports
• Highly competent with MS Excel and other MS Office Applications